IRS Forms New Team To Track Down Crypto Tax Evaders
The IRS has formed an investigative team searching for tax evaders of crypto profits #NEWS Go to Source Powered by WPeMatico
Bitcoin Regulation
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ECB Board Member: Crypto Is ‘Contagion And Contamination’ Infecting The Global Financial System
ECB board member says crypto is at risk of “contamin[ating]” the global financial system, asks for more regulation before crypto becomes too interconnected #NEWS Go to Source Powered by WPeMatico
India: Media Creates Panic Over 2-Month-Old Crypto Tax
More Bitcoin panic on media after curious reactions to ongoing tax notices from government. #NEWS Go to Source Powered by WPeMatico
China Lines Up its KO Punch, Will it Work?
China’s hard-nosed approach to Bitcoin has seen exchanges and ICOs banned, yet this was only a hindrance. Now, in a final roll of the ban dice, China has one more trick up its sleeve. #ANALYSIS Go to Source Powered by WPeMatico
Cryptocurrency Regulation ‘Not High On To-Do List’ Says European Central Bank
No hint of incoming crypto regulatory efforts from European space, ECB chief supervisor says. #NEWS Go to Source Powered by WPeMatico
South Korean Crypto Exchange Halts Trading, Unable To Comply With New Regulations
South Korean cryptocurrency exchange Coinpia suspends deposits and trading after new KYC requirements come into effect “[i]n the absence of a clear solution”. #NEWS Go to Source Powered by WPeMatico
No Strong Case to Ban Crypto Trading, Singapore Says
The Monetary Authority of Singapore has been studying cryptocurrency developments and there is no strong case to ban crypto trading, a high-ranking government official told lawmakers. The adoption of regulations in other countries in the region has increased pressure on authorities in the city-state to clarify their stance on bitcoin, as more crypto companies in … Read more
Brave New World for Cryptocurrency Regulation: Expert Take
After explosive growth, the industry enters in a new era of due diligence and transparency. #EXPERT_TAKE Go to Source Powered by WPeMatico
General Manager of BIS Wants To Prevent Crypto From Joining ‘Main Financial System’
Head of BIS calls crypto a “threat to financial stability” and urges central banks to crack down on it. #NEWS Go to Source Powered by WPeMatico
UAE Issues Warning On ICOs, Says Investors Should Assume Full Risk
The UAE Securities and Commodities Authority warns investors about major risks of ICOs, pointing out lack of regulations, misleading deals and low awareness of potential costs and gains. #NEWS Go to Source Powered by WPeMatico